The Marrakesh Agreement in 1994, the treaty upon which the WTO was
established, was reached to replace the geopolitically defunct General
Agreement on Tariffs and Trades of 1948. Note how each one of these global
economic treaties resulted from their unique global geopolitical orders, the
latter following World War II and the former following the collapse of the
socialist camp. Though Russia and its allies are now mostly focused on
claiming some kind of victory in Ukraine, their ultimate goal is to sow
the seed for a different economic balance, with the hope that it will
ultimately force a renegotiation of today’s globalization, therefore the
West’s economic hegemony.
